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FANAP Investing in Cloud Service Provider Arvan Cloud

The ICT company FANAP, affiliated to Bank Pasargad, is investing 400 billion rials ($3.8 million) in local cloud computing service provider Arvan Cloud Company.
As per an agreement signed between the two companies, FANAP will invest 200 to 400 billion rials ($1.9-3.8 million) in Arvan Cloud in two years, depending on the latter’s performance.
The agreement was signed between Arvan Director Pouya Pirhosseinlou and FANAP chief Shahab Javanmardi.

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